Student accommodation: UCD has the most expensive campus room at €11,888
has the State's most expensive on-campus room again in 2025/26 as students face waiting lists in many places amid the annual rush to secure accommodation.
An en suite room in Village 3, located on the college's Belfield campus, costs €11,888 for the academic year. This is an increase of €124 on last year, or just more than 1 per cent.
The cheapest on-campus option at UCD is a shared bedroom in Village 1 at €5,722 for the academic year.
Phase one of the UCD Village complex was completed in 2021 and comprises more than 900 units.
READ MORE
While the entire scheme was due to deliver more than 3,000 units, the second and third phases were shelved in 2022 due to rising construction costs.
A letter sent by then UCD president to the minister for higher education in 2022 said the project was 'not viable' and could not go ahead as planned due to
'increased construction costs and constraints on further rent increases'
.
Rent pressure zone rules, which now extend across the entire country and apply to student-specific accommodation, mean rents cannot be increased by more than 2 per cent per year or by the rate of inflation, whichever is lower.
In June Minister for Housing James Browne approved changes to apartment standards to address viability issues, decreasing the minimum size and number of windows required in each block.
Despite these measures, current students of UCD continue to struggle, with the students' union there starting a food bank this coming year.
'What we find is that students don't tend to drop out, but instead they impoverish themselves to continue their degree,' said UCD students' union president Michael Roche.
[
Student accommodation crisis: 'Renting in Dublin is pretty much impossible'
Opens in new window
]
The food bank is 'a really sad step to have to take', he said, but 'we're just trying to meet people where they're at'.
He said the college is a 'victim of being located in D4, one of the most expensive places in the State'.
'The campus can often feel 'pay to play', and a lot of student life and student experience, which is a large part of college, is often reserved for those who actually afford to live on campus. So a lot of people feel locked out of that experience,' said Mr Roche.
The university with the second highest top-end campus accommodation cost is
Trinity College Dublin
, with prices starting at €6,066 and rising to €10,085.
Dublin City University
charges between €6,035 and €6,872, while TU Dublin does not have any on-campus student accommodation.
The highest-priced on-campus accommodation outside Dublin is at
University College Cork
, with prices ranging from €3,816 to €8,585.
The cheapest on-campus accommodation across the State is at
University of Galway
, which charges between €3,258 and €7,925.
Maynooth charges between €4,668 and €6,353, while the
University of Limerick
charges between €5,416 and €7,905.
[
Where will vital student housing come from?
Opens in new window
]
On-campus accommodation at these universities, bar Maynooth University, was fully booked at the time of writing, with waiting lists in operation.
University College Dublin did not respond to say whether its accommodation was fully booked.
Many of the universities mentioned have started leaflet campaigns seeking private rental accommodation from local homeowners and alumni.
Several pointed to off-campus options available through the StudentPad accommodation portal on their university websites, which lists suitable accommodation on the private rental market.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Irish Times
39 minutes ago
- Irish Times
Investors pause for breath at start of busy week for tariffs and talks on Ukraine
European shares ticked lower on Monday, as investors refrained from making big bets at the start of an eventful week packed with tariff negotiations and ending with promised talks between the US and Russia on the war in Ukraine. Dublin The Irish index of shares tracked wider European trends, edging 0.6 per cent lower by the close of the session. Financial stocks were mixed, with AIB shedding 0.3 per cent to close at €6.96, and insurer FBD off 1.4 per cent, while Bank of Ireland was 1.2 per cent higher at €12.88. READ MORE Construction stocks suffered, with insulation specialist Kingspan down 3.8 per cent, home builders Glenveagh and Cairn both were more than 1 per cent weaker on the day. Ryanair was also slightly lower, losing 0.46 per cent, while food group Glanbia ended the day at €12.20, a 1 per cent decline. Kerry Group was flat. London Britain's blue-chip index climbed on Monday, led by financials and consumer-related shares, while investors focused on upcoming economic releases and revived Russia-Ukraine peace efforts. The FTSE 100 gained 0.4 per cent, while the FTSE midcap index was down 0.4 per cent. In consumer-related shares, British American Tobacco and spirits maker Diageo rose – by 2 per cent and 1.8 per cent, respectively. Retailer Marks & Spencer resumed click-and-collect orders for clothing after a nearly four-month hiatus following a cyber hack and data theft, sending its shares 3 per cent higher. Among other movers, Oxford Nanopore Technologies dropped 3 per cent after the biotechnology firm announced CEO Gordon Sanghera's planned departure by 2026, though the broader healthcare sector added 0.7 per cent. Online trader Plus500 fell 5.7 per cent after it announced disappointing profit margins and unchanged annual forecasts, making it one of the FTSE 250's biggest decliners. Europe The pan-European STOXX 600 index closed 0.1 per cent lower, retreating from gains earlier in the day, but still hovering near its highest level since July 31st. Investors will be bracing for the summit on Friday in Alaska, where Kyiv fears Russian President Vladimir Putin and US President Donald Trump may try to dictate terms for ending the war. A German Government spokesperson said European leaders will hold a virtual meeting Mr Trump in advance of the summit, after they pressed for Ukrainian President Volodymyr Zelenskiy to take part in the talks. Hopes of a peace deal weighed on German defence companies, with Rheinmetall dropping 4.6 per cent, while Renk fell 1.6 per cent. Germany's benchmark index slipped 0.4 per cent, while the broader aerospace and defence index was off 1.1 per cent, after hitting an over one-month low in the session. A 29.6 per cent plunge in Danish wind farm developer Orsted after it unveiled a 60-billion-kroner (€8 billion) rights issue also weighed on stocks. The stock hit a record low and was the biggest faller on the STOXX 600. New York Wall Street's main indices were choppy on Monday as investors prepared for a busy week. Nvidia and Advanced Micro Devices reversed premarket losses and were up 0.2 per cent and 2.6 per cent, respectively, by lunchtime in volatile trading. A US official told Reuters the semiconductor majors had agreed to give the United States Government 15 per cent of revenue from sales of their advanced chips to China. Analysts said the levy could hit the chipmakers' margins and set a precedent for Washington to tax critical US exports, potentially extending beyond semiconductors. Enabling semiconductor sales to China was an integral issue in the agreement Washington and Beijing signed earlier this year, which expires on Tuesday. US President Donald Trump lauded China's co-operation in talks at a White House news conference earlier on Monday. The market was also anticipating key inflation data. At 11.59am ET, the Dow Jones Industrial Average was 91.43 points, or 0.21 per cent, lower on 44,084.19, the S&P 500 was 6.87 points, or 0.11 per cent, ahead on 6,396.39, and the Nasdaq Composite was 60.17 points, or 0.28 per cent, stronger on 21,510.19. – Additional reporting: Reuters
Irish Times
an hour ago
- Irish Times
Higher costs mean profits at Daft.ie parent group slide 38%
The operator of and last year saw higher costs knock 38 per cent from pretax profit last year. New group accounts filed by Distilled Ltd show that pretax profits declined to €7.55 million despite a 14 per cent jump in revenues to €47 million from €41.38 million. Brothers Eamonn and Brian Fallon, who set up property website in 1997, each have a 17 per cent share in Distilled. The business paid out dividends of €17.3 million this year, up sharply from the €11.5 million paid out in 2024. The dividend payouts follow generous dividend payouts made in prior years. READ MORE The Distilled business was valued at €624 million last year after European online classifieds group Adevinta sold its 50 per cent stake in the group for €312 million to Dublin-based fund manager Blacksheep Fund Management. That put an estimated value of €212 million on the Fallon brothers' joint 34 per cent share in the business. Separate accounts filed at Companies House in the UK show that the Adevinta entity, Aurelia UK Feederco Ltd, booked a gain of €159 million in 2024 from the €312 million deal. Distilled Media is one of the State's most successful online ventures. Alongside and , the group also operates and . Influencers beware, Revenue is on the prowl Listen | 48:38 Numbers employed by the business rose by 14 to 162 in 2024 when staff costs jumped by more than €1 million to €15.48 million. Those staff costs included termination payments of €315,652. Commenting on the results, a Distilled spokeswoman said on Monday: 'Distilled's diversified portfolio continues to deliver strong momentum across verticals, underpinned by high consumer engagement and ongoing product innovation.' Figures provided by Distilled show that DoneDeal now attracts 6.4 million monthly visitors. According to Ipsos, it is now the number one platform in Ireland for car buyers looking for vehicles from car dealerships. Distilled state that continues to perform as a highly active peer-to-peer marketplace, drawing about two million monthly users and facilitating 200,000+ new listings each month. The spokeswoman said: 'The platform remains resilient, with sustained user activity across a broad range of categories.' Distilled booked a profit after tax last year of €4.32 million after paying corporation tax of €3.23 million. Directors' pay was €405,067. The group's shareholder funds were €73.56 million and cash funds edged down from €11.38 million to €10.77 million.
Irish Times
3 hours ago
- Irish Times
Gallivan Financial acquires two firms as it aims to become €1bn wealth management adviser
Killarney based Gallivan Financial have agreed a deal to acquire two wealth management companies for an undisclosed sum, bringing their assets under management to €650 million. The acquisitions of Dublin's Mount Street Group, which holds €150 million in assets, and Tralee-based Kelly O'Shea Pensions & Financial Services, which has €40 million in assets under management, form part of ongoing expansion plans. Gallivan Financial is seeking to expand to become 'a very significant player in the growing Irish wealth management sector' with further acquisitions planned for the remainder of the year with the aim of reaching €1 billion in assets under management by year end. The company is majority owned by the Gallivan family, which sold Gallivan Murphy Insurance Brokers to private equity-backed US insurance broking group, Assured Partners in 2022. The deal was believed to be worth more than €100 million, with the company going on to conduct a series of acquisitions since. READ MORE Similarly, Gallivan Financial – which was not part of the acquisition – has completed four acquisitions in recent years. It acquired Killarney's Vincent Casey Life & Pensions in 2023, and Limerick-based FJ Hanly & Associates in 2024. 'With several additional deals currently in exclusivity, Gallivan is now on track to surpass €1 billion in AUM [assets under management] by the end of this year,' the company said in a statement. Managing director Fergal Smith said the company sees 'very significant opportunities for consolidation within the sector in the short to medium term.' Marie Ainsworth, the founder of the Mount Street Group, which has more than 500 clients and manages €150 million in assets, said the company had reached a crossroads in further growth. 'Our options came down to either expanding the business, which would require an investment of capital or look to partner with a suitable firm which can provide the resources required.' She said the decision was reached following 'careful consideration'. Kelly O'Shea, which was founded by Aidan Kelly, manages €40 million in client assets for more than 300 clients. Mr Kelly said he will be staying with the company following the acquisition.
